For Sale House MLS# ACT1893924

1914 E 8th St

Austin, TX 78702

$1,995,000

Take the tour

About 1914 E 8th St

Dual-Dwelling Turnkey STR Investment with Downtown Views. A rare income-producing compound in one of Austin's most sought-after neighborhoods, offering two fully distinct dwellings on a single lot, each with its own character, each delivering serious returns. At the street, a beautifully remodeled 1930s bungalow (1 bed / 1 bath) fronts E. 8th Street with original architectural details and thoughtfully updated finishes — quintessential Austin charm preserved and polished. Behind it, a newly constructed contemporary home (5 bed / 3.5 bath) spans three levels with floor-to-ceiling windows, sleek designer finishes, and alley access for complete privacy. The two structures are connected by a stunning tiered terrace and private pool with stylish outdoor lounge areas, anchored by a newly built pool cabana that has quickly become a guest favorite — extending outdoor enjoyment and adding yet another dimension to the property's appeal. The dual-dwelling layout unlocks flexible rental configurations: book the entire property for large groups, or operate the units independently to maximize occupancy. The result is $250,000+ in verified annual STR revenue, with revenue documentation available upon request. Sold fully turnkey: all furnishings and accessories included. Everything is in place to perform from day one. The location is a major draw for guests. Celebrated restaurants are steps away, including Bread Boat, Space Cowboy, and CAMPO. Coffee is well-covered, with Figure 8, Klerje Coffee and Idlewild all within easy reach. College Row Park is just around the corner and Radius Butcher & Grocery, a beloved local market with farm-direct meats and prepared foods is practically next door on E. 7th Street. The property earns a Walk Score of 89, making it easy for guests to explore the best of East Austin without ever needing a car. Downtown Austin is just short Uber away, An exceptional opportunity to acquire a proven, high-performing asset.

Property details

Property

Type
Single Family Residence
MLS type
Residential
Status
Active
Year built
2023
Stories
Three Or More
Living area
3,500 sqft
Price / sqft
$570
Lot
0.1293 AC / 5,632 SF
Full baths
4
Half baths
1
Original price
$2,095,000
MLS #
1893924

Interior

Features
Smart Thermostat
Appliances
ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater
Flooring
Tile, Wood
Heating
Central
Cooling
Central Air
Windows
Double Pane Windows

Exterior & lot

Features
Balcony, Private Yard
Roof
Metal
Foundation
Pillar/Post/Pier, Slab
Lot
Alley, Front Yard, Gentle Sloping, Views
Patio & porch
Awning(s), Deck, Wrap Around
Fence
Wood
View
City, Downtown, Pool
Pool
ENERGY STAR Qualified pool pump, Heated, In Ground
Parking
Additional Parking, Alley Access, Asphalt, Attached
Garage spaces
1

Schools

District
Austin ISD
Elementary
Blackshear
Middle
Kealing
High
Eastside Early College

Utilities

Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer
Security
Fire Alarm
Green features
Appliances

Financial

Annual tax
$25,479
Tax year
2023
Parcel
02050814140000
Legal
LOT 10 BLK 20 GRANDVIEW PLACE
Special conditions
Standard

Location

Subdivision
Grandview Place
County
Travis
Directions
Property is located near the intersection of 8th Street and Lincoln Street.

Location

Neighborhood
Grandview Place

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Listed by Mike Mogavero, Compass RE Texas, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.